Jump Raises $80M Series B for Advisor AI
Jump, a leading provider of AI assistants for financial advisors, has raised $80 million in Series B funding led by Insight Partners. The platform automates meeting prep, note-taking, CRM updates, compliance documentation, follow-ups, and task management. This funding brings Jump's total capital to $105 million and will accelerate product development and enterprise expansion.
WealthTech AI Adoption Accelerates
The round comes amid booming demand for AI tools in wealth management. Jump has grown to over 25,000 customers in under two years, adding 1,500-2,000 monthly. Trusted by giants like LPL Financial, Cetera, Osaic, and StoneX, it leads in advisor satisfaction per T3, Kitces, and Oasis reports.
Advisors Trapped in Admin Overload
Financial advisors juggle client meetings, paperwork, and compliance, often losing over 10 hours weekly to manual tasks. With hundreds of thousands of RIAs and wealth managers in the U.S., this inefficiency scales massively. Traditional tools lack seamless AI integration, leading to errors and missed opportunities.
Jump Delivers Enterprise-Grade Automation
Jump's AI Meeting Assistant handles prep, captures notes, and syncs with CRMs like Salesforce. Client Engagement streamlines onboarding and communications, while Workflow Automation manages tasks and emails. AI Insights provide scorecards and analytics, with deep integrations to planning tools and VoIP systems.
Unlike fragmented point solutions, Jump offers end-to-end coverage with SOC 2 Type 2 compliance and configurable controls, enabling enterprise adoption.
Insight Partners Validates Rapid Scaler
Insight Partners, a major backer of SaaS and fintech leaders, led the round, signaling confidence in Jump's trajectory. This growth capital underscores Jump's shift from solo practitioners to large broker-dealers. The investment aligns with Jump's strategy to deepen AI capabilities and expand market share.
Explosive Growth Signals Market Shift
Jump's 25,000+ users mark it as the fastest-growing wealthtech app, earning awards like Wealthtech Startup of the Year and Best in Show. Enterprise traction with LPL and Cetera highlights fragmentation resolving toward unified platforms. Recent integrations with Wealth.com, Asset-Map, and TaxStatus bolster its ecosystem.
Competitive funding remains active, though specifics trail Jump's pace in advisor-focused AI.
Founders Fuel Fintech Dominance
Led by a 4x CEO and 2x fintech founder with pedigrees from Stanford, Harvard, and Google, Jump's team brings proven execution. Their prior successes in scaling fintech ventures provide credibility for tackling advisor pain points at enterprise scale.